The Cranbrook Foundation established the Cranbrook 1918 Society to honour Old Cranbrookians and friends who have remembered the School through a bequest in their estate planning. Membership of the Cranbrook 1918 Society is open to anyone who makes a bequest to the School. This can be through:
The generous support of members of the Cranbrook 1918 Society has made a significant difference to the lives of all those within the Cranbrook community. Anyone who has indicated a bequest to Cranbrook is invited to become a member of the Cranbrook 1918 Society.
For further information on making a bequest to Cranbrook please contact the Foundation Team.
A bequest is a gift specified in your Will. Through a bequest to the Cranbrook Foundation you can make a gift that will contribute to the future of Cranbrook School whilst still enjoying your assets during your lifetime.
A bequest to Cranbrook School is a significant and enduring way of contributing to the future of the School. It is the simplest kind of planned gift with the donor making provision for Cranbrook School in his or her Will. With no impact on your lifestyle today, a gift in your Will is one of the most powerful ways you can be sure that Cranbrook continues to offer the best possible educational opportunities for young men.
A bequest makes an especially valuable contribution to the long-term planning for the School.
Bequests can be made in a variety of ways which reflect your particular wishes and personal situation.
You can choose to give:
Bequests are generally of two types:
As priorities can change over time, unrestricted bequests allow the Cranbrook Foundation the flexibility to direct the funds where they are most needed in accordance with the School’s Strategic Plan and Masterplan.
If you are interested in making a bequest for a particular purpose such as a scholarship, facility or specific academic area, we encourage you to speak to the School’s Director of Development so we can help achieve your wish.
Leaving a bequest to Cranbrook is simple and will have a positive impact on the School community long into the future. Bequests can be made in a variety of ways to reflect a donor’s wishes.
In 2009 Cranbrook received its largest bequest from Old Cranbrookian Dudley Braham (1929). Dudley’s bequest of $7.4 million gave the Headmaster and School Council confidence to proceed with the building of a new Kindergarten to Year 6 Junior School in Rose Bay. What a valuable and enduring legacy Dudley Braham has bestowed upon Cranbrook.Dudley Braham (OC'29) Front row, far right.
Other smaller, but also significant bequests have been received which have supported scholarships, bursaries and capital works.
They can be defined personal assets such as bonds, property, fixed sums or a percentage of an estate. Bequests are usually directed to the School for use at its discretion. Such unencumbered gifts allow the School the flexibility to use donations in areas of particular need.
Alternatively, bequests can be directed to a specific area of the School, such as a particular academic discipline; to a co-curricular activity; to an Endowment Fund; or to fund a scholarship.
We encourage you to discuss your ideas and plans for your bequest with the Cranbrook Foundation Office (telephone 02 9327 9565), especially if you prefer to tailor your gift to a particular purpose. We recommend that you consult your qualified legal adviser before finalising arrangements to ensure that they are appropriate for your personal wishes and circumstances.
By informing the School about your bequest, you assist the School’s long term planning to support important future initiatives and additionally the School has the opportunity to thank you in your lifetime. All bequest correspondence with the School is confidential.
It is easy to make a bequest to the Cranbrook Foundation. You can either include the bequest when you write or update your Will, or simply add one as a simple codicil to your existing Will.
In either case, we recommend you seek professional advice from a qualified legal adviser to ensure your wishes are recorded in a legally binding manner.
It is also important to talk to your loved ones about your intentions and let them know that leaving a gift to the Cranbrook Foundation is important to you. This can help to ensure your final wishes are carried out.
We have included some suggested wording below for the consideration of your qualified legal adviser. A simple codicil form is also available to assist you and your qualified legal adviser.
I give and bequeath, free of all duties, taxes or deductions, to the Cranbrook Foundation ABN 74 001 481 107 presently of 5 Victoria Road, Bellevue Hill, NSW 2023 [insert description of gift – see below for examples] to be applied [select description of purpose – see below for examples]. I declare that the receipt of the Cranbrook School Headmaster or such proper officer of the Cranbrook Foundation will be a sufficient discharge to my executors who will not be bound to see to the application of this gift.
Examples of descriptions of gift
Examples of descriptions of purpose
If you already have a Will it is relatively straightforward to include a gift in your Will to the Cranbrook School Foundation. To do so, you may wish to complete the Codicil Form below. You will need to have your signature on the completed Codicil Form witnessed by two people at the same time and all three of you must use the same pen. The two witnesses should NOT be members of your family or related to you in any way. They also should not be persons mentioned in your Will, such as a beneficiary or executor. Once completed and signed, provide the original signed Codicil to the person who currently has your Will and ask them to retain it with your Will. If you have retained your Will, include the signed Codicil in the same envelope as your Will. We recommend you seek professional advice from a qualified legal adviser to ensure your wishes are recorded in a legally binding manner and that this Codicil Form is appropriate for your circumstances.